Yes, this. It's funny seeing so many people being cynical about this - sure, there's plenty of ways for it go to badly, but far more importantly, there are a couple of ways it can go right.
As general commentary - if you're smart and good at identifying problems with things, use your ability to identify problems to avoid those problems, not as an excuse to avoid doing stuff. Being cynical about everything isn't a terrible strategy, as long as you remember that you need to be cynical about your own cynicism, too.
